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the sequester, the spending cuts to the pentagon and elsewhere kick in. the bottom line is when you talk to republican senators they say the issue is not taxes, it's if you give the president more revenue he'll spend it on more government programs. >> senator harry reid should have made sure the senate passed a budget sometime in the last three years and it would be reconciled with the house and you would have a framework, a budget resolution. the fact we're down to the 59th minute of the 11th-hour and a couple elected officials and unelected staffs behind closed doors doing a back room deal is an outrage. >> in the final moments, a key development is that vice president joe biden has been in delaware for the weekend. he came back a few hours ago and is huddled behind closed doors, two phone calls with mitch mcconnell. a year and a half ago, it looked like all hope was lost and vice president with his long time in the senate many years was able to reach out to mitch mcconnell and they pulled a deal together in the final hours. >> the 59th minute of the 11
the sequester, the spending cuts to the pentagon and elsewhere kick in. the bottom line is when you talk to republican senators they say the issue is not taxes, it's if you give the president more revenue he'll spend it on more government programs. >> senator harry reid should have made sure the senate passed a budget sometime in the last three years and it would be reconciled with the house and you would have a framework, a budget resolution. the fact we're down to the 59th minute of the...
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if you ask liberal people they say yes cut the pentagon deeply. conservative people say cut welfare programs deeply. they both agree that cuts are the way to go but wouldn't agree on what what to cut. republican ares talk about the need to reduce spending they are necessarily talking about things that people don't want to hear about. medicare and sociali car and security and it gives them an opportunity to play the scare game. >> shannon: if democrats get more is spending and more revenue which it seems they will get that eventually then people were asked in the fox news polling again where do you think the dollars going to go, all the extra money. 53% say more spending. only 36% say it is actually going to do anything to decrease the deficit. how are the two parties going to answer for that when it comes to fruition? >> they won't. remember this. just go in the way back machine and think about after the election the republicans came back to washington and said we want to give you more you call it in washington you call it revenue when you are inc
if you ask liberal people they say yes cut the pentagon deeply. conservative people say cut welfare programs deeply. they both agree that cuts are the way to go but wouldn't agree on what what to cut. republican ares talk about the need to reduce spending they are necessarily talking about things that people don't want to hear about. medicare and sociali car and security and it gives them an opportunity to play the scare game. >> shannon: if democrats get more is spending and more revenue...
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Dec 30, 2012
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he does not have the experience to manage a very large organization like the pentagon. and we've actually had-- i think leon pa98 has done a wonderful job. i supported his nomination. he did have a lot of experience prior to coming here. and if there's a place we need great management, it's the pentagon, and a great manager. >> o'donnell: senators coburn and durbin, good luck today. >> thank you. >> o'donnell: a busy day this sunday. >> we actually had breakfast together. >> o'donnell: i think the american people wish you luck, too, with your gang of eight. we'll be right back. for an idea. a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american
he does not have the experience to manage a very large organization like the pentagon. and we've actually had-- i think leon pa98 has done a wonderful job. i supported his nomination. he did have a lot of experience prior to coming here. and if there's a place we need great management, it's the pentagon, and a great manager. >> o'donnell: senators coburn and durbin, good luck today. >> thank you. >> o'donnell: a busy day this sunday. >> we actually had breakfast...
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this week the pentagon released the names of two service members killed in afghanistan. we also want to honor this sunday the man president george herbert walker bush called a true american patriot and one of the great military leaders of his generation, general norman schwarzkopf, who led u.s. forces to victory in the persian gulf war passed away this week at the age of 78. you can see our interview with norman schwarzkopf from "this week" during the 1991 invasion of iraq on our website at abcnews.com/thisweek. >>> and when we return, how concerned are wall street and the world markets as we count down to the cliff? the answer when this special edition of "this week" returns. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've
this week the pentagon released the names of two service members killed in afghanistan. we also want to honor this sunday the man president george herbert walker bush called a true american patriot and one of the great military leaders of his generation, general norman schwarzkopf, who led u.s. forces to victory in the persian gulf war passed away this week at the age of 78. you can see our interview with norman schwarzkopf from "this week" during the 1991 invasion of iraq on our...
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so we've got pentagon budget issues coming up. so there's some talk about him wanting to hang on and try to manage the budget issues that are going to hit the pentagon over the next few months. host: we're taking your calls with david jackson, the white house reporter for u.s.a. today. first up is doug from oklahoma on the democratic line. good morning. caller: good morning. i had a question about geithner. hadn't he said something earlier about wanting to leave? guest: that's correct. host: around the inauguration was the quote. host: how would you feel about geithner leaving? do you want him to go as a democrat? caller: that's a good question. no. no. guest: the caller is right. geithner has said publicly he wants to leave around the nomination. but with the uncertainty, i don't think the administration would want him to leave as long as these issues are hanging. so we get a fiscal cliff this deal and i think he's going to be gone by the end of the month but i think it's kind of up t in the air. host: says a contender for his jo
so we've got pentagon budget issues coming up. so there's some talk about him wanting to hang on and try to manage the budget issues that are going to hit the pentagon over the next few months. host: we're taking your calls with david jackson, the white house reporter for u.s.a. today. first up is doug from oklahoma on the democratic line. good morning. caller: good morning. i had a question about geithner. hadn't he said something earlier about wanting to leave? guest: that's correct. host:...
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mandatory spending cuts putting pressure on the pentagon. can it still do the job of protecting america if a zeal not reached in washington? >> gregg: just days after a major storm, a nay one is following right on its heels. we're tracking the latest. >> and reading, writing and guns new push to protect our kids in schools after the sandy hook tragedy. >> it is legal in utah. >> i actually brought a holster but nobody would know i could easily git get it and stays on me all day. card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in your wallet? vision expanding to a 5-inch 1080p hd display and camera. touch acquiring nfc. hearing
mandatory spending cuts putting pressure on the pentagon. can it still do the job of protecting america if a zeal not reached in washington? >> gregg: just days after a major storm, a nay one is following right on its heels. we're tracking the latest. >> and reading, writing and guns new push to protect our kids in schools after the sandy hook tragedy. >> it is legal in utah. >> i actually brought a holster but nobody would know i could easily git get it and stays on me...
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lots of people in the republican party especially to are very upset with the cuts that would hit the pentagon. it may be difficult to rally republican votes if they cannot turn off the sequester. on the democratic side, the estate tax could be a problem. the republicans are insisting that the estate tax stay at current levels, which is exempt states up to $5 million. many democrats would like to see -- in january, it is scheduled to come -- it is scheduled to go up dramatically. on states as small as a million dollars would be taxed. most democrats want to see something in the middle. they're adamant that we cannot exempt states as large as $5 million. that could be another sticking point. >> lori montgomery, to expect anything else to go on today? when is the earliest that the senators will come back in for session tomorrow? >> the senate is due back in at 1:00. the house is due at 6:30. the house is the big question mark. it is very difficult to imagine what could pass the house. as for today, it is an excellent question. the senate is not in, the house is not in. my understanding is we're
lots of people in the republican party especially to are very upset with the cuts that would hit the pentagon. it may be difficult to rally republican votes if they cannot turn off the sequester. on the democratic side, the estate tax could be a problem. the republicans are insisting that the estate tax stay at current levels, which is exempt states up to $5 million. many democrats would like to see -- in january, it is scheduled to come -- it is scheduled to go up dramatically. on states as...
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Dec 29, 2012
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there are lot of people in the republican party especially for upset with the cuts that would hit the pentagon. it may be difficult to rally republican votes if they cannot turn off the sequester. and the democratic side, the estate tax could be a problem. republicans are insisting that the estate tax stay at current .evels, which is exemp many democrats would like to see -- in january, it is scheduled to go up automaticalldramatically. most democrats want to see something in the middle. they are adamant that we cannot exempt states as large as $5 million. >> lori montgomery, do we expect anything going on today, and if not, when is the earliest the senators will come back and recession tomorrow? >> the senate is due back in at 1:00. the house is due in at 6:30. the house is the big question mark here. as for today, it is an excellent question. the senate is not in. the house is not in. my understanding is we're going to have basically everyone working quietly to see if we can reach an agreement co. i will be interesting to see if they give us any information today. >> lori montgomery of the "
there are lot of people in the republican party especially for upset with the cuts that would hit the pentagon. it may be difficult to rally republican votes if they cannot turn off the sequester. and the democratic side, the estate tax could be a problem. republicans are insisting that the estate tax stay at current .evels, which is exemp many democrats would like to see -- in january, it is scheduled to go up automaticalldramatically. most democrats want to see something in the middle. they...
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caller: it is like the pentelikon, back in 1968 i was even fighting with the pentagon over budgets. you always had to have everything kept the same. nobody was going to change anything because next year there were going to pop everything by 10%. they told you got to worry because you would get 10% more. that goes all the way back to 1968. they just keep dwelling on one thing over and over again. i would like to know from the boston globe or the herald is asking for pictures of -- host: let's move on to del on the line for democrats. caller: this is an outrage that they cannot tax the wealthy by an additional 4%. this is the lowest tax rates that have ever paid in the united states. considering that their incomes are vast compared to what they used to be many years ago when they paid a much higher rate, they are wealthy and they do not want to pay. 4% does not amount to enough to affect the deficit. maybe we ought to consider 15% or something like that. france passed a thing if you go over $1 million a year, your taxes are low on the first million. after that, they are taking 75% of
caller: it is like the pentelikon, back in 1968 i was even fighting with the pentagon over budgets. you always had to have everything kept the same. nobody was going to change anything because next year there were going to pop everything by 10%. they told you got to worry because you would get 10% more. that goes all the way back to 1968. they just keep dwelling on one thing over and over again. i would like to know from the boston globe or the herald is asking for pictures of -- host: let's...
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even the pentagon gets hacked into. businesses are going to need to have a product. we are rolling out a product to surveil web sites. very affordable where you actually can protect the business owner's web site and all their important data. by actually hacking into the site and showing the business what the vulnerabilities are. and doing it on a constant basis. it's an interesting product. cyber security is big. >> dave: you and i were talking in the commercial break about the cloud. think about freezing rain structure. disasters. we saw sandy and the hurricane and getting up in the cloud somewhere. >> it's essential. at the end of the day the days of having all your data stored in a tower under your desk or lawyers or accountants or districts having all their hippa information in a closet on site those days are gone. businesses are going to interest to keep it secure in military style off site and access it from a tablet. >> juliet: quite the world we live in. >> it's changing. >> juliet: are you ready for this? next on the run down a pizza delivery guy fights off
even the pentagon gets hacked into. businesses are going to need to have a product. we are rolling out a product to surveil web sites. very affordable where you actually can protect the business owner's web site and all their important data. by actually hacking into the site and showing the business what the vulnerabilities are. and doing it on a constant basis. it's an interesting product. cyber security is big. >> dave: you and i were talking in the commercial break about the cloud....
SFGTV2: San Francisco Government Television
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of command went from my headquarters at the 7th infrapb tridivision headquarters right back to the pentagon. we said that should never happen again. so we looked at command of control relationships in this exercise. so we're going to bring up the next panel and this exercise was conducted in august and we're going to take a few minutes to get the panel up here and we'll have the panel moderator introduce us, john vaughan from harris, but if any of you need to make a head call, behind these screens we have men and women's heads, restrooms for those of you who don't know the term. behind those screens. rich is telling me i'm going back wrong end of the ship, back that way behind the screens, so feel free to go back there. so let's take a few minutes now and bring the panel up and the panel moderator, john vaughan thank my name is john vaughan, i'm from harris corporation. we're delighted a sponsor again this year of san francisco fleet week. our focus, if you had an opportunity to see on the way in the demonstration, is on interoperatability. this has been a challenge as lts general just ment
of command went from my headquarters at the 7th infrapb tridivision headquarters right back to the pentagon. we said that should never happen again. so we looked at command of control relationships in this exercise. so we're going to bring up the next panel and this exercise was conducted in august and we're going to take a few minutes to get the panel up here and we'll have the panel moderator introduce us, john vaughan from harris, but if any of you need to make a head call, behind these...
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. >> this happened to military families a stone's throw away from the pentagon. if it could happen here, it could happen anywhere. >> reporter: this military wife and other of two doesn't want her face shown. cnn has also agreed not to show her children's faces or identify them by age. >> obviously, barbara, i am concerned about the privacy of my children. and then there's always the possibility of retaliation against my husband. >> reporter: it's every parent's nightmare. finding out her toddler was physically assaulted by child care workers at the ft. myer army day care center. the scandal grew to the point if the obama made an unprecedented phone call to army secretary john mac cue to express his concern. according to this fbi affidavit, this little boy and others were punched and slapped. one child was dragged across the floor. >> we thought, of all the different options, putting them in a child care facility during the day that was on a military base, that was pretty well-staffed, would be the safest, most secure environment for them. >> reporter: it all beg
. >> this happened to military families a stone's throw away from the pentagon. if it could happen here, it could happen anywhere. >> reporter: this military wife and other of two doesn't want her face shown. cnn has also agreed not to show her children's faces or identify them by age. >> obviously, barbara, i am concerned about the privacy of my children. and then there's always the possibility of retaliation against my husband. >> reporter: it's every parent's...
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. >> did the pentagon have review? >> no, didn't have fop once i'm retired from active due any i don't have to submit it to the pentagon unless i use classified information. so i avoided using any classified information but a lot of stuff was declassified right after the war. a lot of stuff was a matter of public record. so i had a great deal of material. the best thing i had was this, any war i ever fought most of instructions were sent by message back and forth. so you have hard copy record of every decision made. because of where we are today most of the orders and instructions are seventh back and forth by secured telephone. it became apparent that we're not going have a record of the decisions made unless we have a record ourselves. any time i had a conversation i wrote down what i said and what is being said to me. i had someone in there who would write down every time i made a decision and he would log it into a private journal that we kept of every decision that was happening during the war. if it had not been
. >> did the pentagon have review? >> no, didn't have fop once i'm retired from active due any i don't have to submit it to the pentagon unless i use classified information. so i avoided using any classified information but a lot of stuff was declassified right after the war. a lot of stuff was a matter of public record. so i had a great deal of material. the best thing i had was this, any war i ever fought most of instructions were sent by message back and forth. so you have hard...
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here is former pentagon adviser michael rubin. >> thanks for having me, michelle. >> what should the white house do in response to this? >> ultimately, what with will have to be inspected and considered is the whole nature of the reset policy. if we trace the beginnings of this crisis back it actually started with the white house reaching out to vladimir putin to russia in supporting russia's accession to the world trade organization. the amendment which had govern the a lot of u.s.-russian/soviet relations going back to the 1970s had to be replaced. it was replaced in congress by the act which set russia's worst human viets violators there should be consequences when it comes to getting visas. vladimir mute indecided to lash out to the united states by pointing a figurative rifle at the head of russia's orphans. >> we improve russia's trade relation with us, officially and then he gets upset because buried within there is a little clause that says, as you point out, the worst human rights violators should have trouble getting into the united states. how far should we go, throw, righ
here is former pentagon adviser michael rubin. >> thanks for having me, michelle. >> what should the white house do in response to this? >> ultimately, what with will have to be inspected and considered is the whole nature of the reset policy. if we trace the beginnings of this crisis back it actually started with the white house reaching out to vladimir putin to russia in supporting russia's accession to the world trade organization. the amendment which had govern the a lot...
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she joins me now from the pentagon. what did she tell you? >> reporter: well, this really is a heart breaking case. you know, i just have to put it in perspective, a military installation, a child care facility, a stone's throw from where i am standing at the pentagon, it would take me just a few minutes to walk across the road to this child care operation. a mother who has now learned that her young toddler was one of the victims of this alleged child abuse decided to speak out about it. she wanted her face shielded, she wants her children's privacy protected. she still worries about retaliation against her husband, by the military, but she tells us a chilling tale. >> all along this first week when we were being sort of given piecemeal information, denied access to the videotapes, we were also being asked if we wanted to seek medical care for our child. so -- >> medical care for what? >> for what, obviously. we wanted to understand and see with our own eyes since that evidence was available. >> barbara, it took a long time for the informati
she joins me now from the pentagon. what did she tell you? >> reporter: well, this really is a heart breaking case. you know, i just have to put it in perspective, a military installation, a child care facility, a stone's throw from where i am standing at the pentagon, it would take me just a few minutes to walk across the road to this child care operation. a mother who has now learned that her young toddler was one of the victims of this alleged child abuse decided to speak out about it....
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host: what is on the table for the pentagon? guest: everything can be cut, but the president has the power to exempt military personnel, and he has indicated that he would do that. everything else is basically on the table. weapons systems, operations maintenance accounts, protected service member salary, all of those services are part of the great man's budget. host: what about procurement? caller: things that they buy. -- guest: things that they buy. and again, all of those programs, like the 30 -- like a fighter jet, that is on the table as well. host: military construction, what is that? guest of the money that the military spends to build the bases and various other facilities. host: testing and evaluation, is that big money? guest: it can be. before weapons systems are built there is a whole research and development fund. host: let's talk about what is not on the table. >> we will take you back to the white house where president obama will speak shortly. he is scheduled to speak at 5:45 p.m. eastern about the earlier meeti
host: what is on the table for the pentagon? guest: everything can be cut, but the president has the power to exempt military personnel, and he has indicated that he would do that. everything else is basically on the table. weapons systems, operations maintenance accounts, protected service member salary, all of those services are part of the great man's budget. host: what about procurement? caller: things that they buy. -- guest: things that they buy. and again, all of those programs, like the...
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defense contractors, private companies that work for the pentagon. one democratic congressman in virginia whose district may be hit hardest says it could mean layoffs. >> the large defense contractors will be okay. they have significant cash reserves, most of them. smaller contractors would have trouble getting their lines of credit extended, trouble keeping their employees if they can't be assured of continued employment. >> how did we get to this point? in the budget battles of 2011 these spending cuts were put in as an unthinkable trigger to force lawmakers to find a way to cut spending. so far they haven't done it so here we are. >> to make a particularly unpalatable the white house insisted on a coming out of the department of defense budget which many conservatives think is much too harsh and the president's on secretary of defense's would allow the military. deliberately designed to be an aggressive cut on thh military budgets so it wouldn't happen and that is the possibility that it will. >> the only way to avoid these cats being implemented
defense contractors, private companies that work for the pentagon. one democratic congressman in virginia whose district may be hit hardest says it could mean layoffs. >> the large defense contractors will be okay. they have significant cash reserves, most of them. smaller contractors would have trouble getting their lines of credit extended, trouble keeping their employees if they can't be assured of continued employment. >> how did we get to this point? in the budget battles of...
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i think the phone call from the president certainly has resonated around the pentagon. they say they're trying to get to the bottom of this and figure out how this all could have happened. >> and how many children do we think that were involved in this abuse? >> reporter: in this one case, right now, it's a handful, if you will. but what the parents are telling me is, they don't know if that's the entire story because the only videotapes to corroborate this are 30 days' worth of videotapes. the allegation is made on september 26th. the tapes go back one month. and they don't know what might have happened before that. suzanne? >> all right. barbara starr, thank you for following that story. appreciate it. >>> meet a man who has taken a stand on the national debt by trying to pay it off himself. and a choice. h n take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pa
i think the phone call from the president certainly has resonated around the pentagon. they say they're trying to get to the bottom of this and figure out how this all could have happened. >> and how many children do we think that were involved in this abuse? >> reporter: in this one case, right now, it's a handful, if you will. but what the parents are telling me is, they don't know if that's the entire story because the only videotapes to corroborate this are 30 days' worth of...
SFGTV: San Francisco Government Television
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mimics or by the columns, the external of the building where they want to open up that part would be pentagonal and you can build on top of it, an upper altar with that type of architect and you can have a walkway over the top, but the porn part -- important part is sto have the external structures stabilize to the seismic retrofit. if you look at it that way, you retain the elegance of the high [inaudible] and you also keep the work that's already in progress. i'd like to see it more incorporated into it and if they want to do a palace, that's what the marina green is for. >> thank you. >> paul? >> good morning, my name is paul manning, i'm a vice chairman of the harbor tenant's association and i was also part of the advisory commitment with the early stages of getting the renovation completed or planned and moving forward, i'm happy to see it has come forward in quite a good way, i'm getting close to the point where it's almost done, we're about to declare it complete, however, there are a number of security issues that are not addressed in the internal plan allowing people to basically freel
mimics or by the columns, the external of the building where they want to open up that part would be pentagonal and you can build on top of it, an upper altar with that type of architect and you can have a walkway over the top, but the porn part -- important part is sto have the external structures stabilize to the seismic retrofit. if you look at it that way, you retain the elegance of the high [inaudible] and you also keep the work that's already in progress. i'd like to see it more...
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it is a very rare thing for the president to call over to the pentagon and have to say, what is going on? >> and i'm curious about that. how did that even get on the president's desk? how did he get involved in a day care situation on a military base? >> this is mid-december and this is when the country's focus was on child safety after the massacre and the tragedy in newtown, connecticut. the secretary of defense leon panetta finds out about all this because finally army leaders know the facts and are able to tell him. e he take s it to the president. but it's between late september and mid-december that they keep investigating the other workers here and find those background check problems and they are not dismissed from their jobs between september and mid-december. this goes on and on and on. all of this now the subject of a complete army investigation. >> barbara starr, we're glad you're looking into it. you can watch barbara's entire report tonight at 7:00 p.m. eastern. barbara, thank you. >>> former president george h.w. bush may be battling a fever, but he's certainly showing
it is a very rare thing for the president to call over to the pentagon and have to say, what is going on? >> and i'm curious about that. how did that even get on the president's desk? how did he get involved in a day care situation on a military base? >> this is mid-december and this is when the country's focus was on child safety after the massacre and the tragedy in newtown, connecticut. the secretary of defense leon panetta finds out about all this because finally army leaders...
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the pentagon will face a cut of $492 billion. that is about a half trillion dollars over nine years. that works out to about a 55 billion-dollar cut per year, starting next year, 2013. defense analysts say this on top of hundreds of additional cuts already in place for defense will be devastating to the military. >> it is going to affect the operational force that is its livelihood to get it equipment and not just the force in afghanistan that is being reduced. it would impact the training as well. reporter: there is a large defense industry will also be hit. private companies may not get government contracts to keep them in business. >> severe budget cuts could literally put national security at risk if the companies that make the f-35 fighter jet or nuclear submarines or artillery pieces don't have the money and have to lay off work force and close facilities. reporter: jim moran said his district, right outside of washington, home to many who work in the defense industry, could be harvested in the country. he is warning consti
the pentagon will face a cut of $492 billion. that is about a half trillion dollars over nine years. that works out to about a 55 billion-dollar cut per year, starting next year, 2013. defense analysts say this on top of hundreds of additional cuts already in place for defense will be devastating to the military. >> it is going to affect the operational force that is its livelihood to get it equipment and not just the force in afghanistan that is being reduced. it would impact the...
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Dec 28, 2012
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the three reasons are, first, the pentagon papers. even though he was actually conservative -- he came from a montreal immigrant jewish family, the first jewish editor. i talk about the jewish stop quite a bit in the book because the sulzbergerger's were the most this assimilated jews, under play the holocaust, and talk about that. rosenthal -- pentagon papers -- four sections. does anyone know what else he did? he really changed "the times" to a much more dramatic, lively newspaper. when you take a journalism class is, you were told about the who, what, where, when, and how. the who was elevated by something called the new journalism. dramatic in nature, quotes from people telling us the who, what people were about, letting us know their motives, letting them talk to reveal their psyche. rosenthal was a proponent of this, and he brought liveliness and action and even there if 2 "the new york times." that is why i kind of began with -- let's all fall asleep, 21 members of the panama cabinet. rosenthal changed that. he had a major affe
the three reasons are, first, the pentagon papers. even though he was actually conservative -- he came from a montreal immigrant jewish family, the first jewish editor. i talk about the jewish stop quite a bit in the book because the sulzbergerger's were the most this assimilated jews, under play the holocaust, and talk about that. rosenthal -- pentagon papers -- four sections. does anyone know what else he did? he really changed "the times" to a much more dramatic, lively newspaper....
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. >> the pentagon and the departments are already in financial trouble, because there has already been a $480 billion cut that is being applied right now as we speak. to take another cut on top of that is devastating. >> reporter: it's not just the military itself that will take a hit, also the defense industry, defense contractors, private companies that do work for the pentagon. one democratic congressman in northern virginia whose district maybe hit the hardest by all of this says it could mean layoffs. >> the large defense contractors will probably be okay, they have significant cash reserves, most of them. the smaller contractors would have trouble getting their lines of credit extended, trouble keeping their employees, if they can't be assured of continued employment. >> reporter: congressman moran says if we go over the cliff, which he thinks we will, then the impact and severity of the automatic defense spending cuts depend how long they are in place into the new year before congress finally fixes this fiscal cliff problem. gregg: molly henneberg. these cuts were never expected
. >> the pentagon and the departments are already in financial trouble, because there has already been a $480 billion cut that is being applied right now as we speak. to take another cut on top of that is devastating. >> reporter: it's not just the military itself that will take a hit, also the defense industry, defense contractors, private companies that do work for the pentagon. one democratic congressman in northern virginia whose district maybe hit the hardest by all of this...
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>> frankly, many of them do at the moment, because the pentagon has been very busy signing production contracts to get under the wire of the sequester. >> so, for instance, the general dynamics deal that was selling to the navy for the submarine, those funds are, in fact, protected. that's one example of a deal being signed under the wire to get it through? >> exactly. general dynamics got the ch and development money for the ohio class replacement. that's a $1.8 billion contract that will keep them busy for five years, on just the design of that replacement program. >> so in your view, are the stocks reflecting this? we have seen a sharp run-up in the stocks since the end of november, and more broadly, the philadelphia defense index is close to 52-week highs. >> well, i think that's right. i mean, part of it is cheap cost of money elsewhere. i mean, where else to invest in stocks, where your business is backed by the u.s. government, when you have yields that are two and three times what the five-year is trading at today. >> but there must be some sort of impact, howard. i mean, we w
>> frankly, many of them do at the moment, because the pentagon has been very busy signing production contracts to get under the wire of the sequester. >> so, for instance, the general dynamics deal that was selling to the navy for the submarine, those funds are, in fact, protected. that's one example of a deal being signed under the wire to get it through? >> exactly. general dynamics got the ch and development money for the ohio class replacement. that's a $1.8 billion...
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the pay for pentagon officials is not going to be cut. if this drags on into march or april, they will have to do furloughs, is essentially giving people vacations. host: the headline from "the wall street journal." is that one way to do that? guest: that is a painful way to do that. when people do not have money to spend, the economy is not going to grow. if this goes on for a couple of days and the stock market falls dramatically, congress and the white house may be able to avoid some of the long-term consequences. if everybody digs end, more disasters things could take hold. host: the president, vice president, speaker of the house, democratic leader of the house, will be meeting today. from the reporting you have done, what will be happening? guest: they could sit down and cut a deal in five minutes. they know all the issues. they know where their parties are. they could sit down in five minutes, shaking hands, and cut a deal. i do not think that will happen. o no dwant to be seen as the party that is caving in. i think they will say,
the pay for pentagon officials is not going to be cut. if this drags on into march or april, they will have to do furloughs, is essentially giving people vacations. host: the headline from "the wall street journal." is that one way to do that? guest: that is a painful way to do that. when people do not have money to spend, the economy is not going to grow. if this goes on for a couple of days and the stock market falls dramatically, congress and the white house may be able to avoid...
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. >>> tributes from the pentagon, white house, and gulf war buddies after the passing of stormin general norman schwarzkopf. and teachers learning how to shoot in case a gunman walks into their classroom. the man offering lessons were free. "starting point" begins right now. friday, december 28th. and our starting point, the pace in's economy and your take home pay on the chopping block. four days remain before the u.s. goes over the edge. that means tax hikes and spending cuts that could trigger another recession. congressional leaders will meet today at 3:00 p.m. eastern time. the full house not even expected to return to work until sunday. here is the guest list for today's showdown. the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate major
. >>> tributes from the pentagon, white house, and gulf war buddies after the passing of stormin general norman schwarzkopf. and teachers learning how to shoot in case a gunman walks into their classroom. the man offering lessons were free. "starting point" begins right now. friday, december 28th. and our starting point, the pace in's economy and your take home pay on the chopping block. four days remain before the u.s. goes over the edge. that means tax hikes and spending...
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barbara starr live at the pentagon. barba barbara, a great guy, but really great in front of the camera and able to use visuals of the first war to really explain to the american people what was going on. >> well, explain to the american people, and he also knew that saddam hussein and his iraqi generals were watching those press briefings. president obama today remembering norman schwarzkopf as an american original. a limited mission, get the iraqis out of kuwait, get the war done, go home. and he accomplish thad in des rt storm, commanding more than 700,000 coalition forces, more than 500,000 americans and an air and grown campaign that lasted barely 100 hours, and then it was done. his own chief, former president george h.w. bush, issuing a statement from his hospital bed in houston, saying "general norm schwarz cough, to me, epit to mized the duty, service, country creed that has defended our k e freedom and seen this nation through our most trying international crises, and more than that, he was a good and decent m
barbara starr live at the pentagon. barba barbara, a great guy, but really great in front of the camera and able to use visuals of the first war to really explain to the american people what was going on. >> well, explain to the american people, and he also knew that saddam hussein and his iraqi generals were watching those press briefings. president obama today remembering norman schwarzkopf as an american original. a limited mission, get the iraqis out of kuwait, get the war done, go...
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had added eight billion and programs that the pentagon did not need or want which would cost seventy four b. and over a ten year period now proportionally that's not extremely high when you're talking about cuts of fifty four b. but nor is it ends and if it can and it prevents the pentagon from prioritizing to maximize the effectiveness of defense dollars for security i think it was a nine hundred fifty. they have a speech to the american association of newspaper editors that sometimes referred to as the cross of iron speech where he talked about you know one bomber equals fifty four thousand barrels of we didn't you know every plane made as a signifies a theft essentially from the hungry but the larger point that he was making was that if you build a weapon of war and a bomb for example and you drop it on somebody that money is just gone whereas if you build a hospital or a school for the same cost it continues to generate revenue for generations and so while we certainly need a military and we should have a smart military. just using the military as a jobs program seems like about
had added eight billion and programs that the pentagon did not need or want which would cost seventy four b. and over a ten year period now proportionally that's not extremely high when you're talking about cuts of fifty four b. but nor is it ends and if it can and it prevents the pentagon from prioritizing to maximize the effectiveness of defense dollars for security i think it was a nine hundred fifty. they have a speech to the american association of newspaper editors that sometimes referred...
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the pentagon released a stack of reports of the sexual assaults and some are too grasping to read on camera. -- graphic to read on camera. she was naked in bed with the attacker unclothed besides her. another said she woke to another service member touching her. he said the military needs real accountability and real action to solve this problem and he said the increase is a sign victims are more confident to tell authorities about the attacks. she said that is not enough progress. ktvu channel 2 news. >>> there is new talk of a peace initiative to try to end the violence in serious. that violence continued today with bombings. he wants to revive a peace plan. it calls for a cease fire to be enforced and a transitional government with elections and a new constitution. >>> los angeles police arrested a man accused of setting a woman on fire as she slept on a bus bench. witnesses said at 1:00 a.m. a man poured an accelerant on the woman and then struck a match and set her on fire. the man ran away but officers caught him. theume is in -- the woman is in critical condition. >>> i don't
the pentagon released a stack of reports of the sexual assaults and some are too grasping to read on camera. -- graphic to read on camera. she was naked in bed with the attacker unclothed besides her. another said she woke to another service member touching her. he said the military needs real accountability and real action to solve this problem and he said the increase is a sign victims are more confident to tell authorities about the attacks. she said that is not enough progress. ktvu channel...
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just getting it confirmed on the fox report this hour from the pentagon, u.s. officials telling us that general h. norman schwarzkopf who commanded the coalition that drove out saddam hussein forces in sue wait in 1991 known as stormin' norman has died tonight at the age of 78. we are waiting to learn more details about the situation. in tampa, florida, is where he was. that is about all of the detail we know about this. we are learning so much more from people who new him tonight on a personal note. we know his resume but general bob scales joins us now. he is a fox news military analyst and tonight someone who can tell us all about general norman schwarzkopf. wrote a book called "certain victor arery" about the history of the iraq war. you are back with us? >> i sure am. >> harris: i'm glad you are back. your perspective on this man is so helpful. way tonight get your thoughts again about the passing of general. >> i knew major schwarzkopf and his wonderful wife brenda when i was a captain. we both worked in the pentagon at the time and i remember that he was
just getting it confirmed on the fox report this hour from the pentagon, u.s. officials telling us that general h. norman schwarzkopf who commanded the coalition that drove out saddam hussein forces in sue wait in 1991 known as stormin' norman has died tonight at the age of 78. we are waiting to learn more details about the situation. in tampa, florida, is where he was. that is about all of the detail we know about this. we are learning so much more from people who new him tonight on a personal...
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cut to the pentagon's already requested six hundred. twenty. welcome to have thank you sir pleased to be here thank you what impact first of all will the sequester ration part of the the the automatic defense cuts that were written in back last year when they couldn't work out a deal away have if they were going to effect well it would be a fairly significant impact not so much because of the magnitude of the cuts over a ten year period as it is you have to cut fifty four point seven billion in the nine months remaining in this fiscal year across the board in all the programs without the ability to prioritize that so sounds like a mess it is a mess and also you cannot cut any funds from obligated money that is money that has already been contracted with someone to purchase something and in addition military personnel are exempt so what's left you have to take a big swac out of it well personnel is about a third of the total pentagon. and it but it includes all other sensible cold operations operations but that has to do with all the money to ma
cut to the pentagon's already requested six hundred. twenty. welcome to have thank you sir pleased to be here thank you what impact first of all will the sequester ration part of the the the automatic defense cuts that were written in back last year when they couldn't work out a deal away have if they were going to effect well it would be a fairly significant impact not so much because of the magnitude of the cuts over a ten year period as it is you have to cut fifty four point seven billion in...
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the pentagon is maintaining a line that wikileaks inherently as an institution held military and government whistleblowers to come forward with this information as a crime. >> talk more, michael ratner, about the emails of stratford. >> as you have covered on the show before, they had a lot of important information about surveillance of everybody from peta to the yesmen, to u.s. government agencies. it puts out a regular intelligence newsletter. it does not work for private clients by major corporations, etc.. one of the things that came out and the stratfor emails are listed people who apparently are subscribers to the newsletter, and there are thousands of those emails, subscribers. there is an interesting occurrence. the judge who is trying the case so far, the jeremy hammond case in federal district court here in new york -- >> her name? >> loretta preska. she denied bail to jeremy hammond, and what i consider to be a very hostile opinion. and really had a lot of errors in it that i think should be remedied. but what came out since that time, only a week ago, and came as an e-mail from
the pentagon is maintaining a line that wikileaks inherently as an institution held military and government whistleblowers to come forward with this information as a crime. >> talk more, michael ratner, about the emails of stratford. >> as you have covered on the show before, they had a lot of important information about surveillance of everybody from peta to the yesmen, to u.s. government agencies. it puts out a regular intelligence newsletter. it does not work for private clients...
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when they go to washington, it is not a philanthropic act on the pentagon's part to instruct boeing to build. it is pragmatic. the united states federal government -- unless europe is dollarized, unless they do not have dollars to spend purchasing the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. the 1950's and the 1960's. a period of immense stability very low inflation. universal growth. we had other problems. the lease from the macroeconomic point of view, it was a golden age. why did it end? because the global surplus of recycling mechanism could no longer be sustained. why? because the united states stopped having a surplus by the end of the 1960's. how can you recycle surplus if you cannot have it. enter a young turk in 1971. well, paul volcker -- that name may ring a bell. in 1971, paul volcker was an unknown working for another american. henry kissinger, who you may have heard of. before he became secretary of state. he was still national security advisor. volck
when they go to washington, it is not a philanthropic act on the pentagon's part to instruct boeing to build. it is pragmatic. the united states federal government -- unless europe is dollarized, unless they do not have dollars to spend purchasing the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. the 1950's and the 1960's. a period of immense stability very low inflation....
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rather than fighting over as scheduled many jobs would beó%7z lost, 55 billion dollars cut from the pentagon budget. starbucks taking a stand, the ceo has«pt workers to write "come together[3wr" on cups. stocks continue to fall on fiscal cliff worries president and congress back in d.c. to talk about n'ozn budget today. toyota 1.1 billion dollar charge to settle a lawsuit has to do with more than 10 million vehicles recalled for unintended acceleration from claims the value of vehicles went down as a result. k)Ñ exchange#dww, with the bloomberg business report. >>> coming up, do you use those companies that give you a cash advance on your paycheck? you magb(:l be getting some of protected panda.id;gp >> good morning. 5:53. you see the embarcadero, bay bridge you don't see rain or traffic. we'll check in with sue and find out what is going on, on the highways. we'll find out where the rain is with mike. >>> u.s. department of commerce is due to release figures for new home sales, today's updates will hold stead if i not rise a bit they predict 375,000 in new sales. housing numbers slipped l
rather than fighting over as scheduled many jobs would beó%7z lost, 55 billion dollars cut from the pentagon budget. starbucks taking a stand, the ceo has«pt workers to write "come together[3wr" on cups. stocks continue to fall on fiscal cliff worries president and congress back in d.c. to talk about n'ozn budget today. toyota 1.1 billion dollar charge to settle a lawsuit has to do with more than 10 million vehicles recalled for unintended acceleration from claims the value of...
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when they go to washington, it is not a philanthropic act on the pentagon's part to instruct boeing to build. it is pragmatic. the united states federal government -- unless europe is dollarized, unless they do not have dollars to spend purchasing the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. the 1950's and the 1960's. a period of immense stability very low inflation. universal growth. we had other problems. the lease from the macroeconomic point of view, it was a golden age. why did it end? because the global surplus of recycling mechanism could no longer be sustained. why? because the united states stopped having a surplus by the end of the 1960's. how can you recycle surplus if you cannot have it. enter a young turk in 1971. well, paul volcker -- that name may ring a bell. in 1971, paul volcker was an unknown working for another american. henry kissinger, who you may have heard of. before he became secretary of state. he was still national security advisor. volck
when they go to washington, it is not a philanthropic act on the pentagon's part to instruct boeing to build. it is pragmatic. the united states federal government -- unless europe is dollarized, unless they do not have dollars to spend purchasing the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. the 1950's and the 1960's. a period of immense stability very low inflation....
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we talked to military contractors, top officials at the pentagon. they see a long period of downward decline. that after the war in afghanistan, there's going to be a period of austerity. they're calling it -- they have a term around the pentagon, a very graphic self-amputation as they cut back over the years. and this was one of the reasons that president obama had, at the top of his short list, the former republican senator, still a republican, chuck hagel of nebraska. he's somebody who's talked about the pentagon as being bloated, had very specific ideas about how to cut it. but mike, sam, the table, we're hearing that that trial balloon has been popped. that senator hagel has a possibility for secretary of defense, has really lost a lot of altitude. and what they discovered was, there's not a natural constituency for him. republicans, as you guys know, have fought with him over the years. he was against the war in iraq. senator mccain especially has had it out for him. democrats don't like some of the anti-gay positions -- rhetoric he's used in
we talked to military contractors, top officials at the pentagon. they see a long period of downward decline. that after the war in afghanistan, there's going to be a period of austerity. they're calling it -- they have a term around the pentagon, a very graphic self-amputation as they cut back over the years. and this was one of the reasons that president obama had, at the top of his short list, the former republican senator, still a republican, chuck hagel of nebraska. he's somebody who's...
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. >> ifill: jacque simon, if i'm an employee of the pentagon or some place which there are tens of thousands of employees, is there any possibility that any deal that that come up with is going to disproportionately affect a department like that or does that happen across the board? >> well, everything as it is right now is determined by the -- a law that was passed in 2011, the budget control act. that's what set in motion this trigger for sequestration. in that law, roughly half was supposed to go to the department of defense and half in nondefense agencies. but given that, they will be -- that's one of the things that there's uncertainty among federal employees also, because we don't know yet how much discretion agencies will have and how they implement their cuts. and, again, a lot of focus is on sequestration, those automatic cuts. but that law also put in place spending caps that will affect cuts that are even larger than the sequestration cuts. so cuts are definitely coming. that's not even a question. >> ifill: it's not debatable. >> it's just how large they will be and who will be i
. >> ifill: jacque simon, if i'm an employee of the pentagon or some place which there are tens of thousands of employees, is there any possibility that any deal that that come up with is going to disproportionately affect a department like that or does that happen across the board? >> well, everything as it is right now is determined by the -- a law that was passed in 2011, the budget control act. that's what set in motion this trigger for sequestration. in that law, roughly half...